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Issue Open Date
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10-Jun-25
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Issue Closing Date
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12-Jun-25
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Application Money
|
100
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Allotment Money
|
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Price Band
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100
-
110
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Minimium Application No.
|
1200
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Issue Size (Shares)
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4663200
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Market Lot
|
1
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Objective
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1. To meet the Working Capital requirements of the Company;2. To fund and set up a plant.3. To Repayment of portion of loan availed by our Company4. To meet the General Corporate Purposes; and5. To meet the Issue Expenses.
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
|
|
|
Qualified Institutional Buyers
|
|
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Retail Individual Investors
|
|
|
|
|
|
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Business Description
Jainik is engaged in manufacturing aluminum wire rods from the year 2023, and it’s been more than a decade since the company has worked in the metal industry, before the manufacturing the company deals in the trading of aluminum rods. Our Company is a manufacturer and supplier of aluminum wire rods with quality practices and compliant with the Environmental, Health, and Safety (EHS) in the manufacturing industry as certified with the ISO Certificates held by the Company. The company has a Quality Assurance Department which ensures testing through spectrometers for purity checks and detects even hidden impurities.
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Promoter's Holding
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Total Share Capital
|
9664000
|
|
Offered to Public
|
4663200
|
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Promoter's Holding (Pre-Issue)
|
99.79
|
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Promoter's Holding (Post-Issue)
|
67.35
|
|
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|
|
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Address |
39/101 A 1st Floor Community Centre Wazirpur Industrial Area I I I North West Delhi
Delhi,
Delhi,
110052
Phone : 9909446110
Email : info@jainikpower.com
Website : www.jainikpower.com
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Registrar |
Skyline Financial Services Pvt Ltd
D-153/A 1st Floor Okhla Industrial Area Phase - I New Delhi
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Listed at |
NSE
|
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Lead Manager |
Fast Track Finsec Pvt Ltd.
|
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Promoters |
Anju Jain Prateek Jain Shashank Jain Subhash Chand Jain
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